Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Federal Register Publications

FDIC Federal Register Citations



 Home > Regulation & Examinations > Laws & Regulations > FDIC Federal Register Citations



FDIC Federal Register Citations


Rural Opportunities Inc

From: Jessica Richardson [mailto:JRichardson@ocroi.org]
Sent: Friday, September 17, 2004 9:04 AM
To: Comments
Subject: RIN 3064-AC50

Dear Mr. Feldman:

I am a concerned citizen strongly opposed to your proposal to significantly weaken the Community Reinvestment Act (CRA). This proposal will result in much fewer home and small business loans and much fewer community development loans and investments in low and moderate income communities. In addition, you propose that banks can earn CRA points by financing community development projects that benefit affluent residents in rural areas, instead of low and moderate income consumers and communities in rural America. This is directly contrary to CRA's focus on meeting credit needs of low and moderate income communities. All of your proposals will result in much fewer loans, investments, and branches in low and moderate income communities. Please withdraw your harmful proposal.

Sincerely,

Jessica Richardson
Rural Opportunities Inc.
130 Dolson Ave.
Middletown, NY
Last Updated 09/17/2004 regs@fdic.gov

Last Updated: August 4, 2024